Hey guys I needed some help with GARP’s work experience requirements. According to their program manual I need to show how I manage risk in my day to day activities and need to work in certain areas like academia, econ, auditing etc.
I work in a non banking financial institution which lends to both corporate and individual customers and my job involves performing some basic analysis to their creditworthiness like calculating some simple ratios and ensuring that they meet the lending criteria. I send this info to the evaluation committee who make the final decision. Would basic analysis like this be considered as appropriate experience?
Also in a previous job in an MNC I worked as a trainee and had to carry out an internal audit of the inventory on a daily basis. Seeing that auditing is considered to be part of the work experience required as per their manual would this also count towards the FRM designation?
Any help would be greatly appreciated, Thanks